Chinese Towel Giant Sunvim Goes Public
December 18, 2006,
Shenzhen, China — One of China's largest home textiles manufacturers has recently gone public.
Sunvim is China's largest towel producer, but also produces bedding and decorative fabrics. Home textiles sales in 2005 were approximately $105.5 million, according to HTT research. Sunvim's primary markets are Japan, the United States, and Europe. The company also operates chemical production facilities and a thermoelectric plant.